7th Circ. Revives Stock Suit Against Ex-Appvion Execs

By Emily Brill (July 28, 2021, 10:05 PM EDT) -- A Seventh Circuit panel revived litigation accusing the ex-leaders of the bankrupt paper company Appvion of overvaluing the business's stock to line their own pockets, saying Wednesday that the Employee Retirement Income Security Act doesn't preempt state-law misconduct claims against the former directors and officers....

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